Villas On Lost Lake
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About this home
Enjoy the convenience of easy living with this gorgeous Villas on Lost Lake corner townhouse while also being gifted with a 30-foot dock slip on Lake Minnetonka! The generously sized living room offers ample space for seating while enjoying a stone surround gas fireplace and walkout access to your private deck with views of the charming neighborhood pool. The bright and sunny open kitchen includes granite countertops, a high-top breakfast bar seating area, a wall of windows, stainless steel appliances, a corner informal dining room with new custom built-in shelving, and one of the more impressive main level powder rooms you’ll see! The oversized upper-level primary suite has a walk-in closet, a small corner nook you can use for lounging or office space, a separate tub and shower in primary bathroom and double sinks. A 2nd upper-level bedroom with full bathroom compliments the upper level. The lower level includes a 3rd non-conforming bedroom that can also be used as an office or den, which includes walkout access to the back patio and has a private powder room. Additional features include a sought-after elevator that travels to all three levels, an upper-level laundry room, new HVAC system and water heater installed in July of 2026. The community pool is very well maintained and includes a BBQ grille area, seating, private restroom and a hot tub. Close access to Downtown Mound, Dakota Trail, lake accessibility and easy walkability to Caribou Coffee and Speedway.
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Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Bath breakdown
- 1 full / 1 3/4 / 2 half
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
Property
- Levels / stories
- More Than 2 Stories
- Garage
- 2 spaces · 20x19 · 380 sqft
- Parking features
- Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
- Patio & porch
- Deck, Patio
- Exterior features
- Stone, Cement Board
- Pool
- Below Ground, Heated, Outdoor, Shared
Construction
- Property type
- Residential
- Property subtype
- (TH) Side x Side
- Foundation
- Slab · 882 sqft
- Roof
- Age Over 8 Years, Asphalt
- Year built
- 2006
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- Circuit Breakers, 200+ Amp Service
Community & HOA
- Subdivision
- Villas On Lost Lake
- HOA
- $704/month
- HOA name
- Sharper Management
- HOA phone
- 9522244777
- HOA includes
- Lawn Care, Maintenance Grounds, Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities, Snow Removal
- HOA amenities
- Dock, Hot Tub
Financial & listing details
- Annual tax
- $9,181 (2026)
- Listed
- Sep 25, 2026
- Days on market
- 1
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
5490 Lost Lake Lane, Mound, MN, 55364
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
